Dome Energy AB provides disclosure of insider trades
Dome Energy AB. (herein after “Dome” and/or “the Company”) informs that Dome’s CEO, Paul Morch has increased his shareholding in the Company by 10,690,000 shares. These shares were acquired off market at prices between SEK 0.45 and SEK 0.56, with most recent trade done today, January 12, 2018. Petrus AS, controlled by Dome’s board member, Petter Smedvig Hagland, has sold 4,000,000 shares today at SEK 0.56.
Paul Morch, CEO: “I strongly believe in the future of the Company and its opportunities in the onshore US market. I have wanted to increase my exposure to the Dome share for a long time, and I was finally able to acquire a solid position. Petter Smedvig Hagland is Dome’s largest shareholder through different legal entities, but those had to sell a part of their positions, so they would not have to initiate a public offer in relation to the ongoing debt conversion.”
For further information, please contact:
Phone: +1 713 385 4104
This information is the kind of information that Dome Energy AB (publ) is obliged to publicize according to EU Market Abuse Regulations (MAR). The information was publicized, by the above contact person January 12, 2018, 16:50 CET.
About Dome Energy
Dome Energy AB. is an independent Oil & Gas Company publicly traded on the Nasdaq First North exchange in Sweden (Ticker: DOME). Mangold Fondkommission AB, phone: +46 8 503 01 550, is the Company’s Certified Adviser. Headquartered in Houston, Texas, the Company’s focus is on the development and production of existing onshore Oil & Gas reserves in the United States. For more information visit www.domeenergy.com.